Working through Macao’s neighbourhood associations and schools, the scheme aims to make local residents more welcoming to the city’s visitors
Business
The DSEC’s latest business climate survey illustrates the struggles Macao businesses face as more locals choose to eat and shop on the Chinese mainland.
According to official figures, visitors spent 36 percent more in the first quarter of this year than they did in the last. But show-goers’ spending more than doubled.
The plan offers generous tax breaks to top overseas professionals working in areas earmarked in the government’s economic diversification strategy.
The Chief Executive says that casinos have been eclipsed by the non-gambling sector when it comes to the city’s gross domestic product.
Hundreds of delegates from around the world convene to discuss the outlook for the tourism industry.
Featuring performances and a fireworks display, the event highlighted the concessionaire’s growth since the establishment of its first property in 2004.
The two-day gathering at the Grand Lisboa Palace in Cotai marks the second time that Macao has hosted the important travel industry event.
Economists say that the SAR will reap significant economic rewards from mainland China’s recent visa relaxation measures.